The Los Angeles Time reports that “Johnson has divested his interest in Starbucks, selling 105 of the franchises back to the company he purchased them from for an excess of $100 million, according to a source not authorized to speak publicly.”
This should probably set off a couple of red flags, but apparently Johnson is just being a good business man.
The source also insisted that Johnson’s real estate properties are doing fine.
Johnson made the two sales because it was a good business decision, the source said.
There will probably be another update to this story sometime down the line.